McCarthy, Yvonne; McQuinn, Kieran. 'How are Irish households coping with their mortgage repayments? information from the Survey on Income and Living Conditions'. - Economic & Social Review, Vol. 42, No. 1, Spring, 2011, pp71-97, Dublin: Economic & Social Research Institute
This paper uses information contained within the Survey on Income and Living Conditions (SILC) to examine the ability of Irish households to sustain their mortgage
repayments. We calculate mortgage repayment to income (MRTI) ratios for a representative
sample of Irish households and examine the distribution of this ratio across the sample. In particular, we stratify information on marital, work and educational status along with household composition according to this MRTI. We also examine the distribution of information on household
mortgages such as the source, the interest rate paid, the age and tenure, and the monthly repayment of the mortgage according to the same ratio. Finally, the distributional implications for the MRTI of a significant unemployment and interest rate shock are also examined.
Please note: There is a known bug in some browsers that causes an
error when a user tries to view large pdf file within the browser window.
If you receive the message "The file is damaged and could not be
repaired", please try one of the solutions linked below based on the
browser you are using.
Items in TARA are protected by copyright, with all rights reserved, unless otherwise indicated.